Revenue Hub

SEPTEMBER 5, 2023

This system enables hoteliers to keep track of available rooms, reservations, and occupancy rates in real-time. Leveraging historical data, market trends, and special events, hotels can predict periods of high and low demand.

Pricing 98

Pricing Reservations Training Article 98

Hotel Owner

JUNE 29, 2023

Costs, plus the hassles created by industrial action will dissuade many from venturing overseas, thus opening up a large and lucrative market on your doorstep, your challenge, as ever, is how to reach it. Tap into this market through either advertising in related media or through their recreation’s association.

Special Events 105

Special Events Marketing Reservations Communication 105

Hotelogix

JANUARY 31, 2024

Thoughtfully put together by our marketing team, dives deep into the nuances of the guest experience, exploring its definition, journey, and the importance of enhancing it. It includes browsing for options, reading reviews, and making reservations. It's crucial to make this process as seamless and informative as possible.

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Guest Services Customer Service Demo Book 130

Revenue Hub

APRIL 11, 2023

The optimal distribution mix for a hotel depends on the hotel’s target market, location, size, and unique selling points. Still, it is one of the most critical decisions hoteliers can make to improve profitability and boost reservations. The potential guest had to call the hotel call center to make a reservation.

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Book Reservations Information Catering 76

Modern Restaurant Management

AUGUST 3, 2021

Invest in your website with clear menus, ample dining room and food photos and include online ordering or online reservation options to serve both sets of customers. Use Facebook, Instagram and/or TikTok to share your unique offerings, daily specials and other events and to interact with customers. Use Multiple Channels.

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Special Events Events Server Information 215

OpenTable

FEBRUARY 21, 2024

Prix fixe vs. à la carte When to offer a prix fixe menu How to create a successful prix fixe menu The benefits of a prix fixe menu Tips for marketing your prix fixe menu What is a prix fixe menu? Just because You don’t need a special event to offer a prix fixe menu. Quick Links What is a prix fixe menu?

Special Events 52

Special Events Pricing Events Reservations 52

Revenue Hub

OCTOBER 17, 2023

Concierge Services: You can charge by offering premium concierge services, such as arranging restaurant reservations, event tickets, or private tours. Meetings and Events: Host conferences, weddings, and other events at your hotel, leveraging your meeting spaces and event planning services.

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Concierge Events Book Catering 93

Revenue Hub

JULY 11, 2023

An RMS applies sophisticated algorithms and machine learning to predict demand patterns and suggest optimal pricing, taking into account a variety of factors including historical data, competitor prices, and market trends. This could involve dynamic pricing, special promotional offers, or targeted marketing campaigns.

Pricing 64

Pricing Book Article Events 64

7 Shifts

NOVEMBER 9, 2022

When done right, email marketing works wonders—you stay top of mind and increase order values. of customers make a monthly purchase based on marketing emails. But what makes email newsletters such an effective marketing strategy for restaurants? Email newsletters are often the first marketing medium to break the news.

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Reservations Blog Marketing Events 78

eZee Absolute

AUGUST 31, 2022

Host a special event. Spread the word through marketing. Offering discounts and packages quickly draw travelers into your hotel, intrigues them to make a reservation, and help you boost occupancy. Host a special event. And if they are staying at your property, they would expect something special.

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Special Events Pricing Events Book 52

InnQuest

SEPTEMBER 13, 2022

In addition, chatbots can be useful for marketing purposes because of the huge amount of data they collect, and they allow hotels to promote special events and promotions directly to customers. It considers factors such as supply and demand, guest loyalty, market conditions, location, and the level of competition.

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Housekeeping Book Guest Satisfaction Information 130

Synergy Suite

APRIL 11, 2023

The increased visibility helps you tap into new markets and attract a diverse customer base. Marketing and Promotion Back in the 1990’s Bill Gates stated: “If your business is not on the Internet, then your business will be out of business”. Consider that your website is the home base for your marketing and promotional efforts.

POS Systems 52

POS Systems Reservations Information Definition 52

Revenue Hub

OCTOBER 23, 2023

Even when an individual university shifts an event date like a family weekend, it can cause a sudden surge in bookings on an off weekend. Understanding reservation data is imperative to make actionable pricing decisions.

Pricing 82

Pricing Book Reservations Property Management 82

SiteMinder

OCTOBER 5, 2023

Comprehensive tools : From managing reservations to enhancing the guest experience, Expedia Partner Central provides a range of tools tailored to the needs of hoteliers. This section lets you adjust room rates, offering flexibility in response to changing demand or special events.

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Competitive Analysis Book Property Management Information 59

eZee Absolute

OCTOBER 16, 2023

Concierge Services: You can charge by offering premium concierge services, such as arranging restaurant reservations, event tickets, or private tours. Meetings and Events: Host conferences, weddings, and other events at your hotel, leveraging your meeting spaces and event planning services.

Concierge 59

Concierge Events Book Catering 59

Les Roches

DECEMBER 30, 2023

Marketing strategies for products and services in hospitality Oscar Wong/Moment via Getty Images In the hospitality industry, distinct strategies have emerged for managing products or services. Astute marketers have pioneered inventive tactics that leverage both to maximize success in this area.

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Guest Services Concierge Definition Customer Service 95

Les Roches

DECEMBER 27, 2023

They need excellent communication and interpersonal skills, should be able to multitask, maintain composure under pressure and demonstrate a high level of professionalism.

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Guest Services Definition Customer Service Concierge 52

Modern Restaurant Management

JUNE 10, 2020

“We’ve always been a no-reservations family restaurant, with close-proximity indoor seating to encourage lively, customer interaction,” said a 15-year veteran on the waitstaff. It does, and, in fact, has been on the market and in use since long before the pandemic shut-downs. But does such a product exist?

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Special Events Sanitation Reservations Marketing 221

SiteMinder

OCTOBER 15, 2023

Dynamic pricing is a pricing strategy for hotels that involves changing room rates daily, or even within the day based on real-time market conditions. This pricing option is well suited in today’s market and is one many hoteliers opt to use. Table of contents What is the difference between static and dynamic rates for hotels?

Pricing 59

Pricing Definition Book Marketing 59

Modern Restaurant Management

JULY 6, 2023

marketers have witnessed business growth by using personalized messaging. Online Reservations and Ordering : Utilizing online reservation systems and digital ordering platforms allows restaurants to collect customer data during the booking or ordering process. Imagine using advanced WiFi marketing technology in your restaurant.

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Marketing Information Communication Reservations 180

SiteMinder

NOVEMBER 30, 2023

Property management systems Property Management Systems are the backbone of hotel operations, managing everything from reservations, check-ins/check-outs, billing, room assignment, and housekeeping schedules. They analyse market trends, competitor prices, and historical data to suggest the best room rates at any given time.

Guest Satisfaction 52

Guest Satisfaction Book Property Management Pricing 52

Synergy Suite

DECEMBER 7, 2023

Competitive Advantage In a competitive market, a higher revenue per seat can set your restaurant apart. It helps you identify trends, measure the impact of pricing changes, and assess the success of marketing initiatives. Reservation Systems: If your restaurant accepts reservations, integrate reservation data into your analysis.

POS Systems 52

POS Systems Pricing Training Reservations 52

Lithos POS

DECEMBER 19, 2023

His duties include executing marketing strategies, recruitment, and hiring, ensuring food quality, staff training, and maintaining effective communication between the administrative team, kitchen staff, and front-of-house employees. Effective Marketing Restaurant businesses are one of the competitive industries.

Front of House 52

Front of House Scheduling Communication Bookkeeping 52

Revenue Hub

JUNE 27, 2023

Guest profiles built by data offer hotel marketers a single pane of glass to view the guest’s stay history, preferences, and life events or celebrations. As a first touch, a hotel’s marketing team must design a website that attracts and maintains a guest’s attention.

Marketing 89

Marketing Book Travel and Tourism Communication 89

Revenue Hub

JUNE 13, 2023

You want to apply rates to your rooms at least a year in advance, as this will allow you to build your base of online visits, reservations, occupancy rate and develop your pricing dynamism at the proper time. What about the pickup and average rate per room when comparing channels and markets? What’s the starting price?

Pricing 52

Pricing Book Events Article 52

Synergy Suite

OCTOBER 5, 2023

By reviewing and understanding certain aspects of revenue data, restaurant owners and managers can make informed decisions, adapt to market trends, and continually refine their business strategies to ensure sustained growth and profitability. Understanding your revenue data is essential for making informed decisions.

Catering 52

Catering Information Events Labor Cost Controls 52

SiteMinder

AUGUST 29, 2023

Hotel operating costs Hotel operating costs encompass a wide array of expenses, from staff salaries, utility bills, and maintenance to marketing, guest amenities, and food & beverage supplies. Reduce your hotel’s marketing costs Paid promotion isn’t always guaranteed to garner more results.

Housekeeping 52

Housekeeping Guest Satisfaction Book Maintenance 52

Hotel Business

NOVEMBER 27, 2023

As one of the largest resort associate communities in the nation, Wisteria offers associates beautiful homes, a full-service market, a pub, a state-of-the-art fitness center, a community center and amenities such as an outdoor ball court, a pool, firepits and a place to relax and recharge. Nemacolin also boasts an airstrip and 35,000 sq.

Special Events 59

Special Events Reservations Presentation Marketing 59

Modern Restaurant Management

FEBRUARY 10, 2023

Discover 12 things your website must include to boost reservations and revenue. Some 41 percent look up restaurants on social media before deciding to make a reservation or visit. Clickable phone numbers and email make it easier to convert a visit into an inquiry or a reservation booking. So do you need a restaurant website?

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Reservations Information Events Catering 196

Synergy Suite

NOVEMBER 2, 2023

Monitor overtime expenses and the use of additional labor resources during peak times or special events. Analyze wage rates and compare them to market averages. POS systems, online reservations) to reduce the need for excessive labor. Invest in automation and technology solutions (e.g.,

Scheduling 52

Scheduling Training Information Cost Reduction 52

SiteMinder

OCTOBER 10, 2023

Segment market Market segmentation involves categorising your target audience based on various criteria like demographics, booking channels, or purpose of visit. By understanding which segments bring in the most revenue, you can tailor your marketing and pricing strategies to attract and retain these valuable customers.

Book 52

Book Pricing Reservations Accounting 52

Modern Restaurant Management

JANUARY 26, 2022

On Valentine’s Day, restaurants fill up quickly with reservations from couples eager to spend a romantic night together. Holidays provide restaurants with the opportunity to capitalize on the special moment by offering specials, events, and so much more exclusive to the holiday. Create a Prix Fixe Menu.

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Events Special Events Definition Catering 225

Revenue Hub

OCTOBER 28, 2022

NB: This is an article from RealTime Reservation. Develop innovative packages, such as girls day by the pool, special occasion, bachelor, or bachelorette packages. Most importantly, empower the guest to personalize and reserve in advance. Be sure to engage your marketing team. Stock suntan lotions and drinks.

Reservations 74

Reservations Book Catering Special Events 74

Revenue Hub

OCTOBER 17, 2023

The focus is on variable demand tied to market crises, short term booking windows, which are focused on guest spend and dynamic optimization embracing rate flexibility. Lodging operators need to focus revenue management system on the total hotel experience inclusive of rate, operations, and marketing.

Pricing 96

Pricing Marketing Training Book 96

SiteMinder

DECEMBER 7, 2023

This process requires continuous analysis of market trends, booking patterns, and competitor strategies. It’s not just about setting the right price, but also about adjusting it in response to market changes. Hotel rate management is the process of strategically pricing rooms to attract guests while also maximising revenue.

Pricing 59

Pricing Book Marketing Events 59

Revenue Hub

AUGUST 22, 2023

Subscribe to our weekly newsletter and stay up to date Instead of solely looking at the occupancy (OCC) and average daily rate (ADR) for one room, now properties are looking more closely at the guest (or guests) that reserve these rooms, what they are interested in, and how to capitalize on those interests and capture more of their spend.

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Special Events Book Information Reservations 71

The Restaurant Times

JANUARY 18, 2023

taking table reservations, . assisting with marketing strategies such as, customer relationship management (CRM), . Design Marketing Campaigns: With the data, you’re learning about your customers. You can tailor marketing campaigns to what they’re ordering at what times, leading to more successful campaigns.

POS Systems 52

POS Systems Information Bookkeeping Scheduling 52